🌐 Recent updates from World (formerly Worldcoin)
1. Name change and product expansion
Worldcoin has been rebranded as World. This change reflects its evolution towards a broader digital infrastructure, including the launch of its mainnet World Chain and improvements in products such as the Orb iris scanner, the World ID digital identity, and the World App wallet.
2. Adjustment in the distribution of WLD tokens
Starting July 24, 2024, World began releasing 2 million WLD tokens daily for investors and team members, extending the distribution period until 2028-2029. This measure aims to avoid market saturation and stabilize the token price.
3. Regulatory challenges in Europe
Data protection authorities in Spain and Bavaria have ordered World to delete all collected iris records, citing violations of the General Data Protection Regulation (GDPR). Additionally, restrictions have been imposed in countries such as Brazil and Chile due to concerns about privacy and informed consent.
4. Price predictions for WLD
Analysts estimate that the WLD token could reach a maximum value of $5.03 USD in 2025, depending on factors such as project adoption and market conditions.